Sunday, August 21, 2022

The argument for re-entering a tournament

On Friday night, I hit the rail early on and re-entered the tournament. There are multiple reasons why it makes sense to re-enter:

1. you're betting on yourself, which not only shows confidence but even instills it

2. you're frequently re-starting in a better position than you had the first time around

3. having hit the rail once, you're almost guaranteed to play more cautiously than before

4. the payouts will certainly be larger than they were before

5. if you reach the final table, your extra buy-in will essentially be a rounding error

For the record, the biggest profit of my career came from a tournament I re-entered.

style flavor  buy_in    entry players entries paid place  winnings

MTT   NLHE   4400000   600000       8     124   20    26         0

?delta: $-10,000,000
MTT NLHE balance: $310,201,468
2022 balance: $231,612,000
blue distance: $125,375,000
balance: $326,455,953

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